Problem:
Quality Health Care has cash of $450,000, accounts receivable of 1.45 million, inventory of $250,000 building and equipment of $1.5 millon and long-term investments of 2.4 million. They have accounts payable of $950,000 and long-term debt of $3 million.
Required:
Question: What is the amount of working capital they have available?
Note: Please show how to work it out.